An Act providing for regulation and reporting requirements for qualifying virtual currency kiosk operators and for money transmitter license; and imposing duties on the Department of Banking and Securities.
SB 1015 establishes new rules and reporting requirements for businesses operating virtual currency kiosks (like digital money ATMs) and for entities holding money transmitter licenses. It requires these operators to comply with specific licensing standards and submit regular reports to the state. The Department of Banking and Securities would be tasked with creating and enforcing these regulations. This bill directly affects financial service providers handling digital currency transactions and money transfers.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2025
Committee Review
Floor Vote
Governor
Introduced Sep 17, 2025
Last action Sep 17, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Sep 17, 2025
Committee
Referred to Communications & Technology
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tracy Pennycuick
RRepublican
Co
Elder Vogel
RRepublican
Co
Rosemary Brown
RRepublican
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